1 June 2012 Newsletter Subscription Email this Page Volume:4 - Issue No: 79

 


 

 

 
Financial scorecard

BAG Films’ FY’12 rev crosses Rs 1 bn, E24 breaks even
E24 achieves operational break even for the first time, posting a cash profit of Rs 13 mn; company's TV biz rev is Rs 700.9 mn & loss Rs 65.5 mn for the fiscal.

(31 may 2012)

Radio Mirchi eyes 10% turnover growth in FY'13 amid soft ad climate
Airtime sales to show sluggish growth due to external factors but Radio Mirchi's innovative ad solutions will trigger growth; margins to be under pressure as mktg expenses to rise.

(28 may 2012)

Den cable biz Q4 net up 42% to Rs 70.09 mn
Total revenue in Q4 from the cable business jumps 18% to Rs 1.89 bn, while Ebitda is up 49% to Rs 392.7 mn; for the fiscal, net profit stands at Rs 103.2 mn, down 61%.
(25 may 2012)

Sun TV Q4 net down 24% as revenue slumps
A slowdown in ad revenue and a continuing stalemate with the Tamil Nadu Arasu Cable Corp reduces Sun TV's Q4 net to Rs 1.59 bn; income drops 7.27% to Rs 4.27 bn.

(26 may 2012)

Colgate Palmolive ups annual ad spend by 16.14% amid slowdown
Dental and healthcare company spends Rs 2.63 bn on advertising and promotions in the fiscal; increase in ad spend helps Colgate record volume growth of 12 per cent Y-o-Y.
(30 may 2012)

Britannia ups FY’12 ad spends by 26% to Rs 4.2 bn
Britannia spends Rs spends Rs 1.1 billion in Q4, up from Rs 839 million a year ago.; introduces several Health & Nutrition products in fiscal.
(29 may 2012)

Top Headlines

I&B gives a month for pending TV channel applicants to submit performance bond
Applications for operating channels given time from 25 May to furnish performance bank guarantee and permission fee; more 15 days may given under exceptional circumstances.

(30 may 2012)

Cinema TV launches to fight in tough Hindi movie channel space
Cinema TV, the FTA channel is available on DTH platforms like Reliance Big TV, Videocon D2H, and Airtel Digital TV; Raju Shrivastav is brand ambassador.

(28 may 2012)

Neo's game plan sans cricket
Neo Sports is betting big on three months of non-stop sporting action with Uefa Euro 2012, French Open and Sultan Azlan Shah hockey tournament lined up for the summer.

(26 may 2012)

I&B: Khursheed Ganai takes over as joint secretary - Films
Khursheed Ahmed Ganai, an IAS officer of the 1982 batch from the Jammu and Kashmir cadre, replaces DP Reddy, who is expected to be posted back to his cadre in Punjab.

(31 may 2012)

Digital

Promoters of IndusInd Media to up stake by 1% via preference shares conversion
Stake to increase to 93% as IMCL gets FIPB nod to convert 7-year cumulative non-convertible redeemable preference shares into equity; cost per share works out to Rs 121.

(29 may 2012)

New telecom policy to work for liberalisation of spectrum and convergence of networks
New telecom policy highlights include broadband for all at 2 Mbps, convergence of network, services and devices, free roaming and liberalisation of spectrum.

(31 may 2012)

MAM

Brand IPL plummets to $2.92 bn; franchises brand value
Brand Finance warns that controversies are fast eroding IPL's long-term brand value, which was at $3.67 bn last year; the value of franchises too is deteriorating.

(25 may 2012)

IPL semis notch up 5.4 TVR
The closing stages of IPL see ratings improve to 3.36 for 73 matches compared to 3.27 for 68 matches; cumulative reach is 161 million.
(30 may 2012)

Sony adds 2 associate sponsors for Indian Idol
Nissan Motors and Ambuja Cement join 7 other associate sponsors while Close Up is presenting sponsor and MTS is powering it; ad inventory is almost full, says Rohit Gupta.
(29 may 2012)

Sahara woos BCB with lucrative sponsorship deal
The Bangladesh Cricket Board is staring at a record sponsorship deal with a lucrative offer from Sahara Matribhumi, the Bangladeshi subsidiary of Sahara Group.
(31 may 2012)

India has caught up well with rebranding revolution: Dunning
Observing that India has done well to catch up with the rebranding revolution, Lisa Dunning points out that the country has come a long way in the rebranding exercise.

(26 may 2012)

All About Cinema

A series of 7 debacles at the box office
Arjun, Yeh Khula Aasmaan, MLA, Rakhtbeej, Chutki Bajake, Love Recipe, and Love Wrinkle Free meet with disastrous results; Department nets Rs 111 mn in 1st wk. BOX OFFICE!
(28 may 2012)

Arjun is a visual delight
The film establishes Arjun’s mastery and his future as a great warrior; has its best chance at BO over the weekend with IPL final Sunday being a formidable opposition. FILM REVIEW!
(25 may 2012)

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